{"id":1004124701,"date":"2015-08-05T21:49:18","date_gmt":"2015-08-06T05:49:18","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=356879"},"modified":"2022-12-06T03:39:51","modified_gmt":"2022-12-06T11:39:51","slug":"sf-firm-snaps-up-bethesda-warehouse","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/sf-firm-snaps-up-bethesda-warehouse\/","title":{"rendered":"SF Firm Snaps Up Lorton Warehouse"},"content":{"rendered":"

By Adrian Maties, Associate Editor<\/em><\/p>\n

Holliday Fenoglio Fowler, L.P.<\/a> has arranged another sale in the Washington, D.C., area. This time, the subject of the transaction is a Class A warehouse center in Lorton.<\/p>\n

The Springfield Newington Industrial Center, as the facility is known, was acquired by Stockbridge Capital Group<\/a> for an undisclosed price. HFF marketed the property on behalf of the seller, Bristol Capital Co.<\/a> The HFF investment sales team included Senior Managing Director Bruce Strasburg and Associate Director Michael Stuart.<\/p>\n

PropertyShark<\/a> reports that the Springfield Newington Industrial Center was acquired by Bristol in 2002 for $5.7 million. The same real estate website puts the property\u2019s current market value at $9.3 million.<\/p>\n

Located on a six-acre site at 8424-8444 Terminal Road, Stockbridge\u2019s new facility is a one-story building with about 107,000 square feet of space, 24- to 26-foot clear heights, cross-dock loading, I-95 visibility and a privatized outdoor storage capability. This year, it underwent an extensive exterior restoration that included a new building fa\u00e7ade and roof. The Springfield Newington Industrial Center is currently fully leased to three investment-grade tenants, including the General Services Administration and Associated Materials.<\/p>\n","protected":false},"excerpt":{"rendered":"

Holliday Fenoglio Fowler, L.P. has arranged another sale in the Washington, D.C. area. This time, the subject of the transaction is a Class A industrial warehouse center located in Lorton.<\/p>\n","protected":false},"author":925,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1615],"tags":[],"class_list":["post-1004124701","post","type-post","status-publish","format-standard","hentry","category-latest","category-washington-dc"],"acf":[],"yoast_head":"\nSF Firm Snaps Up Lorton Warehouse - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/sf-firm-snaps-up-bethesda-warehouse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SF Firm Snaps Up Lorton Warehouse\" \/>\n<meta property=\"og:description\" content=\"Holliday Fenoglio Fowler, L.P. has arranged another sale in the Washington, D.C. area. 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